Uber

Auto maker GM which had gone ahead and invested $500m in the ride aggregator company Lyft at $5.5b valuation has now acquired the failed Uber and Lyft competitor, Sidecar. The auto maker intends to use this investment as a launchpad for its own mobility services under the brand name Maven which maybe intended to be used as a platform to enable ride-sharing by owners of GM vehicles. “Logo of General Motors” by The original uploader was CoolKid1993 at English Wikipedia. – Transferred from en.wikipedia to Commons. ([1]). Licensed under Public Domain via Commons. With this acquisition it is clear that GM intends to have much more close involvement in the ride sharing and related technology but also at the same time use this to study passenger behaviour which will end…

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Uber the ever popular on demand ride hailing company has announced that it will be tying up with the TransLoc, a technology company that is involved in building technology products for public transit passengers and agencies. The plan is to integrate Uber into the TransLoc Rider app, which provides real-time bus tracking and route planning. The planned integration will debut as a pilot program in mid-February in Memphis, Tennessee, and Raleigh-Durham, North Carolina and will allow passengers to plan trips that combine public transportation with Uber rides. With this new tie-up the company would now be able to offer last mile connectivity right up until your destination from start to end. With the latest announcement by Uber to open up its API to allow many other apps…